318 Macey AveHarrisburgSD57032
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Harrisburg at 318 Macey Ave, Harrisburg, SD, 57032 uses $90,168 cash to close to unlock $3,125/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $1,979/mo, and a $1,331/mo payment keeps the spread at $260/mo. Purchase price stands at $272,000, and rental yield measures 8.73% with $1,979/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $75,149 over five years. Five-year ROI reaches 121.62% and total cumulative return in cash records $109,661. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,979/mo property income covering a $1,331/mo payment rather than investor’s personal income.
Townhouse
Built in 2016
2,918 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57032, Harrisburg, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,513 (69.6%) |
| Renter Occupied HU | 827 (22.9%) |
| Vacant Housing Units | 269 ( 7.5%) |
| Median Home Value | $318,108 |
| Average Home Value | $402,048 |
Housing Distribution
Address Breakdown
Residential
3,721
Single Family
3,628
Multi-Family
93
Businesses
240
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Listed by: Megan A Larsen • eXp Realty - Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22505705